CMFAS RES 1A SGX Listing Framework & Securities-Specific Rules question: SGX-ST short selling disclosure requirements

A customer owns 5,000 shares but instructs his representative to sell 8,000. Under the SGX-ST short selling disclosure requirements, the representative should:

• A Enter one normal sell order for 8,000, since the customer owns most of the shares
• B Split it into a normal sell order for 5,000 and a marked short sell order for 3,000
• C Refuse the order, because selling more shares than the customer owns is prohibited
• D Enter one sell order for 8,000, marked as a short sell because part of it is uncovered